Word: entrepreneurism
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Dates: during 2000-2009
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Some industry experts thought that Smith was justified in driving Perot away. Said Bernard Addo, an auto analyst for Manhattan's Argus Research: Perot may have been a skillful entrepreneur, but entrepreneurship and team management are two different things. Perot was hurting GM's stock by publicly bashing the company's management." Other observers were appalled at the buyout. GM officials got rid of Perot, contended Mary Anne Devanna, director of research at the Columbia Business School Management Institute, "to protect their own hides. Their careers, big bonuses and fancy perks all depend on maintaining the status...
...more than a year, Virgin America's application at the Department of Transportation (DOT) has been enmeshed in a cantankerous debate about who, exactly, controls the airline. Richard Branson, the British entrepreneur who has plastered the Virgin logo on everything from record stores to cell phones, longed to start a U.S. branch of his renegade Virgin airlines but was kept out of the market by a law that says foreigners can't own more than 25% of a U.S.-based carrier. Nor can they run the show from behind the scenes...
...movies to celebrate an entrepreneur is rare - usually you get expos?s - but not wrong. Guru's nearest equivalent might be It's a Wonderful Life, except that this small businessman has to cope with success, not failure. And there's no denying the dramatic oomph of the climactic courtroom scene, with Gurukant defending himself and the class he stands for. Still, it doesn't seem like a natural weave for Mani Ratnam. This Guru is more like a fine polyester...
...kinds of asterisks have been proposed over time: President Bush's affinity for signing statements (more than 500 in his first term alone) fall into this category: when he doesn't want to veto a law, he just asserts that it doesn't apply to him. Biotech entrepreneur Paul Abrams proposes that if the law funding embryonic stem cell research survives a Bush veto, Congress should allow for another little box on tax returns letting people check off whether they agree for their tax dollars to be used for research. "This mechanism would provide active acknowledgement of people's deeply...
Ever wonder what happens to old billboards? Probably not. But French entrepreneur Jean-Marc Imberton and designer Marie-Angèle Godot did, and what they found spurred them to action. "We realized there was a huge problem," says Imberton, of the giant polyvinyl chloride (PVC) advertising posters common to most cityscapes and beltways. "Their lifespan is very short and they're practically indestructible. Some of them stay up for months, others are used only for an evening. We wanted to give them a second life...